Fredonia Mining Stock Price To Book
| FRED Stock | 0.28 0.02 6.67% |
Fredonia Mining fundamentals help investors to digest information that contributes to Fredonia Mining's financial success or failures. It also enables traders to predict the movement of Fredonia Stock. The fundamental analysis module provides a way to measure Fredonia Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fredonia Mining stock.
Fredonia | Price To Book |
Fredonia Mining Company Price To Book Analysis
Fredonia Mining's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Fredonia Mining Price To Book | 0.46 X |
Most of Fredonia Mining's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fredonia Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Fredonia Mining has a Price To Book of 0.4628 times. This is 96.2% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to book for all Canada stocks is 95.13% higher than that of the company.
Fredonia Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fredonia Mining's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fredonia Mining could also be used in its relative valuation, which is a method of valuing Fredonia Mining by comparing valuation metrics of similar companies.Fredonia Mining is currently under evaluation in price to book category among its peers.
Fredonia Fundamentals
| Return On Equity | -0.32 | ||||
| Return On Asset | -0.19 | ||||
| Current Valuation | 12.2 M | ||||
| Shares Outstanding | 45.61 M | ||||
| Shares Owned By Insiders | 18.46 % | ||||
| Shares Owned By Institutions | 0.07 % | ||||
| Number Of Shares Shorted | 165 | ||||
| Price To Book | 0.46 X | ||||
| EBITDA | (1.48 M) | ||||
| Net Income | (2.68 M) | ||||
| Total Debt | 571.64 K | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (2.26 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Beta | -0.43 | ||||
| Market Capitalization | 12.77 M | ||||
| Total Asset | 424.33 K | ||||
| Retained Earnings | (14.94 M) | ||||
| Working Capital | (152.71 K) | ||||
| Net Asset | 424.33 K |
About Fredonia Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fredonia Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fredonia Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fredonia Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Fredonia Stock Analysis
When running Fredonia Mining's price analysis, check to measure Fredonia Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fredonia Mining is operating at the current time. Most of Fredonia Mining's value examination focuses on studying past and present price action to predict the probability of Fredonia Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fredonia Mining's price. Additionally, you may evaluate how the addition of Fredonia Mining to your portfolios can decrease your overall portfolio volatility.